Adenia Partners, a private markets investment firm committed to responsible investing and a sustainable Africa, announced that the firm has appointed Mack Schow as its Head of Investor Relations.
Schow joins Adenia with more than a decade of experience at the German Investment Corporation (DEG), Germany’s development finance institution (DFI). Most recently serving as DEG’s Deputy Head of Equity Africa, Schow co-managed the team covering DEG’s approximately $800M corporate equity business portfolio across Africa, which included commitments to 40 Africa-focused private equity funds. He brings a deep familiarity with the investment landscape across Africa and personally lived on the continent for five years. At Adenia, Schow will help the firm further develop its relationships with its broad base of long-term existing partners and seek to attract new investors to its platform.
The creation of the Head of Investor Relations position represents a significant milestone in the development of Adenia, which was founded in 2002. The move to build out firm leadership comes as Adenia will exceed its $400 million target fundraise for its latest Fund V. The new position and Schow’s hiring signal the firm’s growth and its expanded presence across the continent.
“Mack’s appointment as Adenia’s inaugural Head of Investor Relations is an incredibly exciting milestone for the firm, and it showcases our deep commitment to our partners, who have entrusted us to provide strong financial returns, while having a long-term positive economic impact on the African continent,” said Stéphane Bacquaert, Managing Partner at Adenia. “His far-reaching experience as an institutional investor with deep networks across Africa, makes him a stellar match for Adenia, as we continue to scale our value-based investment program and attract a growing roster of investors.”
In the newly created role, Schow will lead Adenia’s Investor Relations team and be responsible for strengthening the cooperation with existing investors, identifying and developing potential new investors, sourcing equity for Adenia’s funds and co-investments, as well as institutionalizing investor reporting across the firm.
“I am immensely excited to join this hugely experienced and entrepreneurial team and look forward to contributing toward Adenia’s impressive track record of building gender-equitable, climate conscious market leaders in Africa,” Schow shared. “I am passionate about expanding the African private equity industry and am thoroughly convinced that Adenia’s proven, sustainable value creation approach offers a great opportunity for both existing and new investors on the African continent.”
Also Read:
Jay Magee joins BTIG Investment Banking’s Financial Institutions Group as MD
Yieldstreet designates Ted Yarbrough as Chief Investment Officer
Aquilius Investment Partners announces closing of its maiden Secondaries Fund
